Oil prices are influenced by a complex interplay of supply, demand, and geopolitical events, not solely by OPEC or U.S.

TotalEnergies said it expects lower oil and gas prices to hit its second-quarter earnings, but anticipates hydrocarbon production to rise.

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

OPEC is holding its global oil-demand forecast steady despite rising trade tensions, expecting demand to grow by 1.29 million barrels per day this year, The Wall Street Journal writes.  In its latest ...

The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...

Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi ...

While Halliburton's valuation now appears reasonable, activity levels will likely need to stabilize before the stock rebounds ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Brent crude futures fell 47 cents, or 0.69%, to $67.83 a barrel by 0327 GMT, while US West Texas Intermediate crude was at $66.05, down $0.95, or 1.42% ...

OPEC+ shocked markets by boosting oil output by 548,000 barrels per day in August, risking a global surplus and lower prices, ...

The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Saturday to extend its oil ...

HOUSTON (Reuters) -Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than ...